A recent survey by Fundstrat Global Advisors has revealed bullish sentiments among institutional investors in regards to the prospects of cryptocurrency performance during an economic recession.
Investors Say a Recession Will Boost Cryptocurrency Prices
According to the results from the survey, as reported by MarketWatch, more than 70 percent of institutional investors believe that prices of cryptocurrencies will increase during a recession.
This result tallies with a similar survey, this time among Twitter users. In the Twitter poll, 59 percent of the responders believe that virtual currency prices will surge during an economic crisis.